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Forex market reviews

13 October 2017

Media reviews

Tina Pham

Tina Pham

'Massive Disruption': IMF's Lagarde Says Cryptocurrencies Must Be Taken Seriously

Christine Lagarde, managing director of the international monetary fund (IMF), has warned that central banks and financial services need to pay closer attention to cryptocurrencies.
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Market sessions

Tomasz Wisniewski

Tomasz Wisniewski

Daily analytical report (13/10/17)

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As markets await CPI and retail sales data, we've found some trading opportunities on gold, DAX, and GBPJPY.
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Market sessions

Gabriel Ojimadu

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EURUSD: drop to 1.1796 expected

On Thursday the 12th of October, trading on the euro/dollar currency pair closed down. The rate fell from 1.1880 to 1.1827. At the beginning of the European session, the euro dropped further as the dollar rose across the board. It then received some support from the euro/pound cross following reports that Brexit talks had hit a deadlock. The price briefly recovered from 1.1827 to 1.1851 before falling back to 1.1827.
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12 October 2017

Media reviews

Tina Pham

Tina Pham

$5,200: Bitcoin Buoyant as Price Sets New All-Time High

At press time, the bitcoin-U.S. dollar (BTC/USD) exchange rate is trading at $5,200 levels. Week-on-week, BTC is up 18.75 percent, while month-on-month it's up 23 percent. The new record broke a previous all-time high of $5,013 set in September.
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Market sessions

Tomasz Wisniewski

Tomasz Wisniewski

Daily analytical report (12/10/17)

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No surprises from the FOMC, gold is in an upswing, Bitcoin has hit a new all-time high, and GBP is down after Brexit deadlock.
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Market sessions

Gabriel Ojimadu

## ojimadu name

Pound drops on reports that Brexit talks have hit deadlock

The US dollar showed some mixed dynamics in Thursday’s European session. It’s made gains against the Swiss franc, Canadian dollar, and British pound, while losing ground against the Kiwi and Aussie dollars as well as the Japanese yen.
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Market sessions

Gabriel Ojimadu

## ojimadu name

EURUSD: pair ready for a downwards correction

On Wednesday the 11th of October, trading on the euro/dollar pair closed up. In the European session, the euro appreciated to 1.1845. In the US session, buyers advanced further to 1.1869.
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